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FoxBusiness: Fed to Hold Rates at Record-Low Levels

WASHINGTON -- The Federal Reserve made only small changes to the policy statement released on Wednesday, holding policy steady and repeating it expects to hold interest rates low for extended period. Full Article at FOX News

Related News from NPR and Public Broadcast Partners

  1. Federal Reserve Chairman Ben Bernanke sent a fresh signal Thursday that he's in no rush to reverse course and start boosting interest rates. Full Article at NPR

  2. SUSIE GHARIB: World leaders have wrapped up their meeting in Pittsburgh with a pledge to sustain their economic stimulus programs until a durable recovery is secured. Full Article at Nightly Business Report | PBS

  3. Signaling confidence in a recovery, the Federal Reserve decided Wednesday to stretch out the pace of a program intended to lower mortgage rates and prop up the housing market. Even so, rates on home loans are expected to remain low. Full Article at NPR

Related News from Other News Sources

  1. NEW YORK, Nov. 4 (Xinhua) -- The dollar fell against most major currencies on Wednesday after the U.S. Federal Reserve left its benchmark rates unchanged at ultra-low levels. Full Article at Xinhua

  2. NEW YORK (CNNMoney.com) -- The Federal Reserve kept its key interest rate near zero once again Wednesday. It added in a statement that although the economy continues to improve, it intends to stay the course in recent months. Full Article at CNN

  3. The U.S. Federal Reserve Wednesday expressed growing confidence that an economic recovery was building, even though it stuck to its commitment to keep borrowing costs near zero for "an extended period." Full Article at CNBC

  4. The US economy may have turned a corner after the deepest recession in some 70 years, but Federal Reserve policymakers appear to be in no rush to raise interest rates. Full Article at Times of India

Related Quotes

Related Photos

  1. ST ANDREWS, SCOTLAND - NOVEMBER 07: Britain's Prime Minister Gordon Brown (L) talks to the Chairman of the U.S. Federal Reserve Ben Bernanke (back to camera), U.S. Treasury Secretary Timothy Geithner (R) and Danish Prime Minister Lars Lokke Rasmussen,  during a break at the G20 Finance Ministers...
  2. ST ANDREWS, SCOTLAND - NOVEMBER 06: Ben Bernanke, Federal Reserve Chairman, arrives to attend the G20 Finance Ministers meeting at a hotel in St. Andrews, on November 6, 2009 in St Andrews, Scotland.
  3. NEW YORK - NOVEMBER 04:  Traders work on the floor of the New York Stock Exchange moments before the Federal Reserve announced it would leave interest rates unchanged on November 4, 2009 in New York, New York.
  4. WASHINGTON - OCTOBER 30:  Former Associate General Counsel of the Board of Governors of the Federal Reserve System Oliver Ireland testifies before the House Financial Services Committee about overdraft fees levied by banks on Captiol Hill October 30, 2009 in Washington, DC.
  5. WASHINGTON - OCTOBER 29:  Daniel K. Tarullo, Federal Reserve Governor,  speaks during a hearing of the House Financial Services Committee on Capitol Hill October 29, 2009 in Washington, DC.
  6. ISTANBUL, TURKEY - OCTOBER 3:  In this handout image supplied by the IMF, G-7 Finance Ministers and their Bank Governors hold a meeting at the Istanbul Congress Center October 3, 2009 in Istanbul, Turkey.
  7. WASHINGTON - OCTOBER 01:  Federal Reserve Board Chairman Ben Bernanke testifies during a House Financial Services Committee hearing on Capitol Hill on October 1, 2009 in Washington, DC. The committee is hearing testimony on the Federal Reserves financial regulatory reform proposals.
  8. WASHINGTON - SEPTEMBER 28:  World Bank President Robert Zoellick speaks on global economic crisis at the Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS) September 28, 2009 in Washington, DC.
  9. WASHINGTON - SEPTEMBER 24: Former Federal Reserve Chairman Paul Volcker participates in a House Financial Services Committee hearing on Capitol Hill on September 24, 2009 in Washington, DC.
  10. NEW YORK - SEPTEMBER 23:  A trader on the floor of the New York Stock Exchange watches the announcement from the U.S. Federal Reserve on  any lending rate changes September 23, 2009 in New York, New York. The Fed kept rates unchanged with federal-funds rate for interbank lending of zero to 0.25%.

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